New EU rules on sanctions force Russian oligarchs to prove their innocence. This was stated by the Minister of Foreign Affairs of Ukraine Andriy Sybiha in a post on X, UNN reports.
Details
According to him, the amendments to the sanctions regime adopted by the EU in May allow to hold accountable not only directly sanctioned persons, but also those who help them avoid sanctions - for example, through the transfer of assets or concealment of ownership.
From now on, individuals and legal entities that facilitate such activities face the threat of sanctions themselves. The EU no longer needs to prove that a particular Russian oligarch should be sanctioned, but rather the oligarchs must prove the opposite
"This is a great strategy that demonstrates the real power of applying sanctions. Although new sanctions packages dominate the headlines, such regulatory changes can be very effective, even if they are less popular in the media," the minister added.
He also called on other countries around the world to follow the example of the EU and adopt similar mechanisms to prevent circumvention of sanctions and strengthen their real implementation.
"Increasing the cost of the war for Russia and Putin's accomplices is the sure path to peace," the post reads.
Let us remind you
On May 20, the European Union added 28 more Russian citizens to the sanctions list for involvement in serious human rights violations, repression of the opposition and undermining the rule of law.